31709 N 42ND Place, Cave Creek, AZ 85331, Cave Creek, 85331 - 4 bed, 4 bath
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Cave Creek, AZ 85331
This New Construction Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,084,483—positioned above the $1,037,820 Fair Market Value. While the property carries a premium, its Mint Condition Rating and status as a 2027 build ensure long-term structural peace of mind through a 2-10 warranty and Energy Star certification. The Ocotillo floorplan offers 2,832 sqft of modern living space on a quiet cul-de-sac. This property is an ideal acquisition for Long-Term Investors or Owner-Occupants prioritizing energy efficiency and modern design.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31709 N 42ND Place Subject | $1,084,483* List Price | 4 | 4 | 2,832 | $366 | - |
A 31524 N 42ND Place Sold | $1,088,851 | 4 | 4 | 2,832 | $384 | 0.1 mi |
B 4717 E SLEEPY RANCH Road Sold | $838,705 | 3 | 2 | 2,511 | $334 | 0.8 mi |
C 4046 E WOODSTOCK Road Sold | $800,000 | 4 | 3 | 2,446 | $327 | 0.7 mi |
D 4063 E GLORIA Lane Pending | $1,199,000 List Price | 4 | 3 | 3,038 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction home scheduled for completion in late 2026. As a new build, it features modern finishes, energy-efficient systems, and a 2-10 warranty, meeting all criteria for mint condition with no maintenance required.
As a 2027 new build, this home is Energy Star certified and includes a 2-10 warranty, offering the latest in energy-saving technology and long-term structural peace of mind.
The Ocotillo layout provides a generous 2,832 sqft of living space featuring 4 bedrooms, 3.5 bathrooms, and a 3-car garage, perfectly suited for modern family needs and storage.
Situated on a quiet cul-de-sac lot within the Forest Pleasant Estates, the property offers enhanced privacy, safety, and minimal through-traffic in a desirable Cave Creek neighborhood.
With a projected completion date of December 2026, this property is not an option for buyers requiring immediate occupancy or a quick relocation.
The listing history shows multiple price increases since its initial market entry, which may affect its competitive positioning compared to other available inventory in the area.
This new build homesite features the Ocotillo floorplan with 4 bedrooms and 3.5 bathrooms and a 3 car garage. This home will be completed in December 2026. The photos are based on the same floorplan and similar finishes. Located on a quiet cul-de-sac lot, this is one of your last opportunities to purchase in Forest Pleasant Estates. Every KLMR home features a 2-10 warranty and is energy star certified.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,832 | - |
| Lot Size | 10,360 | - |
| Price | $1.08M | $800.0K |
| Price per sq ft | $383 | $353 |
| Built year | 2027 | 0 |
| HOA | $257 | $0 |
| Days on market | 65 | 3149 |
Jul 16, 2026
$1,084,483
$1,079,214
+0% Price Increase
Initial Listing
Jun 23, 2026
$1,079,214
$942,522
+15% Price Increase
Initial Listing
May 18, 2026
$942,522
Initial Listing